Tag "fintech startups"
Vietnamese Banks Ramp up Fintech Development
Fintech is gaining popularity around the world including in Vietnam where experts and industry observers predict strong growth, driven by the country’s low banking penetration and young and increasingly affluent population. “Vietnam has strong growth potential for fintech development, and
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10 Hot Fintech Startups from India to Watch Closely
India’s fintech ecosystem has evolved significantly with considerable efforts from financial institutions, startups, the government, venture capitalists and regulators to create a favorable environment for fintech innovation that’s conducive of collaboration. According to a Yes Bank report, the transaction value
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The Philippines Fintech Report 2018
Note: We’ve update this report, the 2020 edition of the Fintech Report can be found here With a population of over 100 million, just 31% of adults having a bank account, and a mobile penetration of 58%, the Philippines
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Kazakhstan Strives to Become an Attractive Destination for Fintech Startups
The Kazakhstan government is looking to turn its capital of Astana into an attractive destination for fintech companies as part of a broader plan to reduce the country’s dependence on the export of natural resources. Kazakhstan, the world’s largest landlocked
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P2P Lending Activity Accelerates in Vietnam
Peer-to-peer (P2P) lending is becoming increasingly popular in Vietnam with new players entering the market and regulators moving forward with creating a favorable environment. In September, a new company called Megalend Viet Nam Investment and Trading Corporation made its debut
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Vietnam: Rise of E-Commerce Paving the Way for Digital, Mobile Payments Boom
Although Vietnam remains a cash-dominant economy, evidences suggest that digital and mobile payments are rapidly growing. According to Harmander Mahal, head of retail banking at Standard Chartered Bank Vietnam, the rise of e-commerce in Vietnam is paving the way for
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Cambodia Sees Growing Mobile Payment Industry
While cash remains the undisputed king in Cambodia, the growth of digital transactions and mobile payments is providing tremendous opportunities for fintech ventures and solutions to serve the unbanked and transform the country’s financial landscape. High mobile phone usage and
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Thailand Strives to Become Top Fintech Hub with Government Help
In the past year, the fintech industry in Thailand has witnessed significant growth but the latest push from the government is set to position the country as one of the region’s top fintech hubs. The Thailand government is putting a
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New Report Explores Fintech Patent Race
Fintech innovation has experienced major growth in recent years mainly due to addressing the needs of financial institutions in modernizing payment services and improving customer experience in the digital age. The fintech landscape is quickly evolving with new services, business
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8 Reasons Why Fintech Startups Fail
Fintech startups are multiplying and as we hear a lot about the successful ones, we often forget that it is not an easy task to turn a project or idea into a successful venture, and that, no matter how disruptive
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